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By John R. Bolton
Reality calls for attaching Gaza to Egypt and the West Bank to Jordan
Topic - Tax Foundation
The Journal Gazette. April 15, 2014.
The Washington-based Tax Foundation says recent changes in New York law would raise the state's corporate tax climate ranking from 25th to fourth best in the nation, while inching its overall ranking from last place to 48th, ahead of New Jersey and California.
A national study found that Indiana residents have paid an increasing percentage of their income on state and local taxes at the same time their average income was shrinking.
A Washington-based policy group says New York residents had the highest state-and-local tax burden in the country in 2011.
It's usually true that if you want less of something, tax it. There's an exception, however, when the item being taxed can be easily smuggled in from a place with lower taxes. "Something" like cigarettes, for example.
With high cigarette taxes in New York comes a high rate of smuggling.
Planning on buying your daughter some sexy lingerie for her first day back to school this fall? Well, now you can — free from Virginia state sales tax, thanks to this weekend's back-to-school clothing and supplies tax holiday.
Maryland Gov. Martin O'Malley's office took a swipe at a grass-roots citizens' group over a report claiming people are leaving Maryland for Virginia, beginning a fight in cyberspace between the governor, the citizens' group and an established nonpartisan tax research organization.
Thomas Jefferson said a revolution now and then is a good thing, and that's what's happening in states around the country that are dramatically cutting their budgets.